Explanation:

AKASH is a Short Range Surface to Air Missile system to protect vulnerable areas and vulnerable points from air attacks. It has been developed indigenously by the Defence Research & Development Organisation.

• AKASH Weapon System can simultaneously engage Multiple Targets in Group Mode or Autonomous Mode. It has built in Electronic Counter-Counter Measures (ECCM) features. The entire weapon system has been configured on mobile platforms.
• Union Cabinet has approved export of Akash Missile System and has created a Committee for faster Approval of Defence Exports.
• Akash is a Surface to Air Missile with a range of 25 Kms. The missile was inducted in 2014 in IAF and in 2015 in Indian Army. Akash is country’s important missile with over 96 percent indigenisation.
• So far, Indian defence exports included parts/components etc. The export of big platforms was minimal. This initiative of the Cabinet would help the country to improve its defence products and make them globally competitive.
• Besides Akash, there is interest coming in other major platforms like Coastal Surveillance System, Radars and Air platforms.
• To provide faster approvals for export of such platforms, a Committee comprising of Raksha Mantri, External Affairs Minister and National Security Advisor has been created.
• This Committee would authorise subsequent exports of major indigenous platforms to various countries. The Committee would also explore various available options including the Government-to-Government route.

Hence only statements 2&3 are correct.